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Markets

SECP launches web consultation forum

Published March 14, 2013 Updated March 14, 2013 09:29pm

secpISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has launched a web consultation forum, which is aimed at achieving consultation of public at large and stakeholders over the SECP's proposed regulations, policies and initiatives in particular.

An SECP statement Thursday said that the stakeholders, professionals, academia and general public were invited to participate in the ongoing discussions on specific topics and issues related to capital market, non-banking financial sector and insurance and corporate sector regulations.

The interested individuals, companies can access the web consultation forum at www.secp.gov.pk, it added.

Currently, five active discussions are going on the web forum, including proposed bancassurance regulatory framework, report of the SECP's reform committee on non-banking financial sector, regulations for the draft bond pricing agency and commercial papers (CP) regulations.

The stakeholders urged to share helpful anecdotes, proposals and ask and respond to questions on active topics.

The recently introduced concept paper on Centralized Know Your Client Organization (CKO) is also available on the SECP's web forum for stakeholders' review and feedback.

The proposals and feedback from the web users will be examined and considered in policy decisions.

The SECP's consultative approach will further enhance the SECP's effectiveness for playing a proactive role to improve the corporate sector regulatory regimes.

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